The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1887-12-09

| Illinois Central was requested by the deten ture
/ bondholders of the Mobile e Ohio to inspect the
| property and finances of the company for them
! This Mr.. Clark did, making a careful investiga-
! tion and then writing elaborate report as to
| the state of affairs
| Local and State Notes.
! There is a great demand for cars to load with
| grain. Dealers will not buy unless assured tina,
| they can get cars promptly. and train-masters
| doing all in their power to furnish them.
Over 600 of the officials and employees of the
| Pennsylvania Company attended the funeral OF
| the late master mechanic of the road. Robert
| Curtis. which occurred Tuesday last at Co
| lumbus O.
It is stated that after the reorganization of
the Philadelphia s. Reading. Austin Corbin will
be elected as president and A. A Mcleod, well
known in Western railroad circles will be
elected first vce-president
The Cincinnati. Wabash 6 Michigan manage
ment has laid three miles of private switches a,
Marion, Ind, within the last four months. tc
accommodate the manufactures which have
sprung up there since natural gas was dis
covered.
The New Cumberland. West Virginia. branch
OF the Panhandle lines. was yesterday opened
for business, and last night the citizens of the
place celebrated the event. At this point there
are several large potteries and large tile man.
ufactory.
The L.. N A. & c. road earned in November
| 1882 500; increase over earnings corresponding
month in 1886. $14 1884, There is not q road in
Indiana which did not show increase last
from II to Is per cent
The shipments OF Indiana Goals to Chicago
and points in that vicinity are now well to
five hundred carloads a day, and Colonel Yeo-
man, who has just returned from there, says
that 1. 900 per day could readily be sold in
Chicago and points northwest, half that
quantity.
The Indianapolis & vincennes company has
depot at Spencer. Ind, and is erecting two more
on the coal-branch extension. General Super
intendent Miller, and other officials of the Penn
sylvania Company. yesterday made inspec-
ton of the line
For five months past the Lake Erie & West
ern road has been hauling into Findlay, o.,
material day. and it is believed that by next
year the in and outbound shipments at that
point will yield revenue TO the Lake Erie g.
Western Of $400, 900 per annum.
East-bound passenger rates were fully re-
stored to tariff, yesterday. while west-bound
rates are shaded more or less the ticket agent
dividing his commission. Travel to the Pacific
coast has fallen off sharply the last ten days.
which was rather unexpected until Jan. l, when
rates to California points advance $50 the round
trip
The Chicago Grand Trunk is out of export
business via Portland although it has not with
drawn it's tariffs. The Allen line will run no
more steamers to that port this winter. The
trunk lines, under the circumstances. no longer
have the excuse that they cannot advance rates
export business on account of the Portland
rates.
President McKeen has his annual report for
the fiscal year ending Oct. 81 nearly ready for
the press His report will show that the earn
ings of the road the last year were the largest
in the history OF the road. The Vandalia main
line has been operated Ga per cent. of the
gross earnings, and the 7. Fl. e l. division on
6S per cent.
The election of h II. Potter to the presi-
dency of both the Chicago & Eastern Illinois
road and the Chicago & Indiana Coal road, and
the placing of FL. III. Stevens in the directory of
6nth ,HrVn fhn half hat 4ha sv%1-
are be operated one, and will combine to
secure possession of the Evansville & Terre
Haute road.
HI. Robinson, of Buffalo, n. Y, general East
agent of the Delaware, Lackawanna s. West
ern, and Mr.. jenkins, general Western agent,
in the city for the purpose of becoming ac-
quainted with the business men. This line is
building up large freight traffic from this sec
tion, and in the early spring will be in this field
for its share of the through east bound passen-
ger business
Work on the c., l., ST. L. & C. cutoff at North
Bend is progressing finely. The weather has
enabled the contractors to push the work and il
will probably be completed in the early spring,
couple of months earlier than has been antici-
that were the tunnel to fill with water, or any
other thing occur to prevent it's use trains could
be run over the cutoff
One railway president has succeeded in out
generating young Ives. J. 81. Wade president
of the Cincinnati. Wabash & Michigan received
from Ives $3.50. 900 on alleged purchase of the
road and when he found out that Ives would not
meet the remaining payments. he placed the
money he received into betterments of the road
and now the entire line, fifteen miles excepted,
is laid with heavy steel rail and there are sever
al new engines and additional freight and pas
senger equipments.
Members of the Indian apolis division of the
Brotherhood of Locomotive Engineers are very
confident that Congress will take favorable
action bill which has been prepared at the
suggestion of the brotherhood, providing for
the licensing of railway conductors and engin-
ders, and prohibiting any road employing any
person to serve in such capacity unless be is
licensed provided in the The BILL in
short provides for examiners who shall inquire
in to the character, habits of life and Qualifica-
tionf of the applicant and as to his mental and
physical ability.
Eight months ago, about the time that the
in terstate-commerce law was q fixed fact a
high official Indianapolis line conceived
the idea that property on the lake ports would
greatly increase in value through the workings
of the law. and persuaded very successful
b m and they invested $12. 900 in real estate in
Duluth. Within the last sixty days they have
sold one-half of their purchase at just four
times as much money as they paid for the
whole. and the remaining half will probably be
sold to even better profit.
Some eighteen months ago the c., l., ST L. g. |
c., in connection with the Baltimore & Ohio |
road, established fast-freg ht line to do busi- |
ness between Chicago and the seaboard, via In |
ianapolis and Cincinnati, to be known as the /
B. &. o Kankakee dispatch. The results have |
been very gratifying. The C., l., ST L. 81 c.. |
which had formerly no east bound business ous I
OF Chicago. has been carrying about Der cent
Of it, and has built up heavy traffic in
The same time has doubled the west-bound
through tonnage of the c.. l.. St l.. & G. One
month the line handled ]. 528 loaded cars